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Search Results 0 to 26 of about 27 (some duplicates have been removed)
. china state picc group raising more than $3 billion. it's the territory's biggest ipo in into years. still to come, didn't have to price it toward the bottom of the indicative range, maybe a sign that the appetite from the listings remains week. and managing liquidities also a priority. this week the pboc switched back to pumping money into the banking system after withdrawing more than $40 billion over the last month. reports suggest possible $1.8 billion is a moderate amount compared to what the pboc is used to putting in. andrew, very strong session yesterday for shanghai. flat today. after a period of underperformance, will it turn around or not going into 2013? >> well, i think in the recent couple of weeks actually, we're seeing quite positive economic data coming out of china. pmi is improving. and consumer sentiment is the highest. and for the past five months. but this have not translated into a more robust market. this is because for the past two quarters, there is all bad news. so there was kind of negative feedback loops that caused the market to be oversold. and then it
for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers lately. stuart varney on this morning, head of "varney & company" on fox business network. good morning, stuart. good to see you. >> good morning, martha. martha: they're gobbling up our assets in many ways . what do you make of it. >> they are spending the money they have got buying american assets cheap. you mentioned aig. a chinese company is paying $4 billion for aig's plane leasing business. aig remember got $189 billion as a bailout fund that was back in september of 2008. the taxpayers still are the largest shareholder in aig. we sold the plane leasing business to china cheap. second item, a 123 batteries, americans taxpayers gave that company $249 million in grants and another 250 million in tax s
for its missile program in china. we know they buy things for their gas centrifuge program in china. some things are made in germany. probably made in the u.s. china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been m
, calling it a violation of u.n. security council resolutions. and china, north korea's long-time ally, also expressed regret launch calling on the state to abide by u.n. resolutions. now u.n. security council diplomats have also set up an emergency meeting today at the request of the u.s. and japan. back to you. >> all right. thanks for that. >>> the senior fellow at the school of international studies at the technological university. thanks for joining us. what does this test do today? what's the impact on regional securit security? >> short term, i don't think the impact is going to be particularly severe. in some ways it's been priced in. and for once, north korea's rocket actually did what it was supposed to do which is fly south and not pass over any territory. so in that sense, the reaction can be contained. on the other hand, it caught people by surprise. and i think there will be questions ask the about how could the intelligence -- how good the intelligence was in the u.s. and south korea in failing to pick this up. >> how significant is it that this launch appears to be successful
. >> reporter: the problem is there are very few options in terms of appropriate action. as you know china sits on the u.n. security council and has blocked efforts in the past to sanction the north korean regime. they are its only ally but a very powerful ally. it is not clear at this time whether china is willing to go along with any u.n. security council recommendations for further punishment of north korea. they are in violation of two significant resolutions but it is unclear what real authority the international community has in terms of punishing north korea further. jenna: interesting tie some of our top stories together. china continues to be a problem in syria. that is our top story of the day. jennifer, we'll continue to watch developments there. jon: watching the crisis in syria, a nation that continues to unravel. there are reports that more than a dozen died in a car bombing, many of them women and children. the state news agency say a car packed with explosives blew up near a school in a neighborhood outside the capital of damascus. we're learning forces loyal to president bashar
.n. security council. it's likely china will try to water down those provisions but it's also certain that the provisions will pass. >> you don't think china will try to veto it? >> i don't think they will veto it. they don't want north korea doing this. >> china is the only ally that they really have. i wonder, do you think it's possible they didn't inform china in advance of the timing of this launch? >> it's possible they did not. people now suspect that the information that we had that north korea was moving its rocket, something was wrong with it, was it an intentional deceptive move? they thought there would be attempts to shoot it down. they wanted to fool japan. they succeeded. >> and it certainly does strengthen the new young leader kim jong-un domestically. >> absolutely. they have been trying since 1998 to launch a long-range missile and they failed in the previous four attempts. they succeeded in this. it's not a rocket that can deliver a major warhead. there are marriajor hurdles to >> they have done in north korea where a lot of people are starving what south korea has b
china, southeast asia or from as far as the u.s., norway, etcetera in buying korean won bonds and most likely these are from the sector due to their diversification needs and attracted by the korean bond markets. and if you look at the yields, although it has already come lower quite a lot, but if you compared that with treasury yields, that is very attractive. >> we'll leave it there. thank you very much. >>> now if you're just joining us here on "worldwide exchange," these are your headlines. a union at last. the eu finance ministers hand the ecb the power to supervisor more than 150 banks following another late nightmare thon session in brussels. the euro bounces on the news, but stocks in europe trade lower as ben bernanke warns monetary policy may not be enough to offset the damage if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to save $2 million over the next two years as they try to offset a slump in southern europe. >>> straight ahead on the progr
. and so what i'm hoping is that in 2013, the central banks of the united states, europe, and china will find a solution to at stop the growth of that disparity. because i believe it's not right there is such a big gap between these derivatives and the actual products. >> so would a resolution of the fiscal cliff in the united states mean that america stops running up debt, would that be a positive step towards resolving that problem, even though it could be a drag on growth in the u.s. economy? >> translator: do not regard myself as a highly educated economist. from where i am, i watch the debate and i see, for example, some economists such as the nobel laureate paul goodman believe this could be counterproductive because too many action of this type could damage one of the important factors of the u.s. economy. on the other hand, unless there is some limit to the growth of u.s. debt, particularly with respect to debt as related to gdp, this could serve in the end badly if there was no limit to it. after all, the u.s. economy still accounts for about one-third of the global economy
a satellite into orbit. its neighbors are unnerved. even china expressed regret at the move. the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the same technology you use to develop long-range ballistic missiles, the u.s. condemned this act. they are worried about the marriage of north korea's nuclear weapons with this long-range missile technology. this is the type of missile that if it was successful, as it appears to be, could reach parts of the united states, alaska, u.s. military bases in hawaii. but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to i
guidance was below expectations due to soft sales in china. >>> speaking of china, apple will soon be able to sell his newest version of the iphone there. >>> as for the economy, consumer spending fell slightly last month due to disruptions from >>> welcome back to "hardball." republicans have spent the past three weeks at least doing an elaborate and very public autopsy on the 2012 election. asking what went wrong. good question. like democrats before them after losing an election, they're focusing on the usual suspects, we didn't have the right candidate, didn't get our message out, didn't get our voters out. when you lose the popular vote of five or six elections, you have to consider the voters just didn't reject your messenger, they rejected perhaps your message. we have two strategists back with us. one democrat steve mcmahon and republican rick tyler. rick, you first because you guys lost, and i don't mind saying this because i'm heartened by this. i didn't know it was going to happen. i thought the first debate, as i said clearly on the air -- the president said i was having a stro
. that is something surprising at this point. >> in china they have no ideology. 75 members of the communist national people's congress are billionaires now. >> i also learned that you like me do nothing on new year's eve. >> not nothing, you just don't do it with strangers. >> i'm happy to make it. absolutely. but here's something for you. you are watching "morning joe." here's what happens. right now it's time for that. take it away. >> aloha, hawaii. the president is on his way back to d.c. where for him it's about playing small ball with most members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke rus
it over the last 8 years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 ed a $4 trillion by his lonesome so we now have over $9 trillion of debt that we're going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> so, unpatriotic. >> the hypocrite in chief says in 2008 that 5 from is unpatriotic but now we're up to $16.4 trillion. that's okay. by the way we move my credit card limits. he doesn't want a debt ceiling going forward. >> debt ceiling no more can congress deal when the president says we're going to raise the debt ceiling. no squabbles back and forth. >> let me get this straight. borrow $4.8 billion a day and now we're coming to the edge ever the fiscal cliff. republicans are saying hey, let's continue the bush tax cuts, let's make this fair for everyone but let's stop spending. we are spending more than we have. democrats are saying now they are saying it doesn't matter, we are not focused on the deficit any
transportation. i'm concerned about education. i'm concerned about cutting in all of these areas that make china -- give china a bigger advantage as we move forward that give our global competitors a bigger advantage. that's what really concerns me. >> two quick observations. if you're in business and you're told we've got to make changes at our budget and you look at 6%, 15% of your budget, 9% of your budget, you've got to make cuts, you look at the 60% first and say where can we make manufacture she's cuts. talk about not endangering our ability to compete and win going forward, you don't want to cut those areas as steve has talked about eloquently many times, there are advantages which means you have to look at entitlements. and i think to michael's point, i think there's credit to that. two, i like the fact that boehner now is in a stronger position with his caucus because if indeed they find a deal, that means he can win a majority of his people over. i like the fact that nancy pelosi's in a strong position with her caucus. so the pieces are not only coming together substantively, they're c
? the chinese and russians don't help us on sanctions. they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans are getting better each time out launching missiles and setting off nuclear explosions. >> on that note, how realistic do you think it is? and how soon do you think it would be that they would be able to i'm one of these long-range missiles with a nuclear warhead? >> that is the real question. this last missile test was real important because it showed that they were successful. they got it up into the atmosphere. it can go a long way to the united states. now, if they perfect nuclear explosions and start miniaturizing it, being able to put it on a
stolen dinosaur bones from mongolia china. the smuggler sold the skeleton to a new york buyer for more than $1 million. that is when it caught the eye of federal officials. homeland security conducted an investigation into the fishy fossil dealings and in october arrested the florida dealer. prosecutors calling him a one man black market in prehistoric fossils and yesterday he pleaded guilty to smuggling charges and agreed to give up the one million dollars dinosaur skeleton. it will be returned to mongolia and the smuggler facing up to 17 years in prison. if a giant stolen dinosaur can get into the u.s. undetected t what else can get in? go to greta wire and tell us what you think. that's why sheh the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolving with beats audio. wireless charging activated. introducing droid dna by htc. it's no
china will go grow as fast. then you have the united states uncertainty. suddenly they pull back. and then they don't know the personal tax grow, and they pull back. so what i try to talk more about is what our clients see than what we see. because what i think we add value, we see 30,000 market companies in the country and by hearing from them, we can help arctic could you what the what they're seeing and how they're behaving. >> that is one of his huge concerns that at this point, it's too late to save anything with 2013 blaurly for small businesses and their plans in terms of hiring. for 2014, you could be tinkering with that at that point if this pushes in to 2013. and take's that's the biggest t took away. we're really threatening 2014, too. >> i haven't heard so much that about the fiscal cliff. >> it was not just the fiscal cliff, it was time after time, the start of the debt ceiling talks and then they get pushed off, these are temporary fixes and it keeps coming. >> i guess one of the things that we kind of focus on is what happens after the fiscal cliff. because that ju
. let's look at the rankings to see where the u.s. falls and south korea falls. coming in first in china, south korea, then finland and an u.s.a. number 24. math is similar: >> cenk: we're number one. >> now similar story again when it comes to science: >> that in in a's really kicking our ass. >> cenk: that would be another segment. >> cenk: number one. >> now barack obama has been on the record saying really great things about the educational system in south korea. let's take a look. >> our children, listen to this, our children spend over a month less in school than children in south korea every year. that's no way to prepare them for a 21st century economy. >> well, he's right. if you look at the number, south korea spends 220 days a year in class, in the u.s., 180 days per year. in finland it's 190. with south korea and finland you have two opposite ends of the spectrum. turns out both work. we can have a discussion as to what's better, but whatever the u.s. is doing that's not working. when it comes to education funding in korea basically it's the number one in family spending on p
a person's family he is okay and bring him news about life in china or if he has moved to the united states or south korea or some such place, news about that country. and then the exiles who have escaped are doing things like setting up radio stations in south korea that broadcast information to north korea. >> they are beginning, north koreans are beginning to be empowered by information and once they are empowered by information the hope is that they will demand more from their regime. >> greta: i got to go. a great book. thank you for joining us. >> thank you. >> greta: it is everywhere. does it make the cut for the best viral video? best viral video? don't forget to post y y y y y this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet
of uninhabited lands between japan and china. japan sent eight fighter jets after a chinese plane was seen near the islands. it was gone by the time they got there. china continues to claim the islands. the islands have been in japanese control for years. japan bought the privately owned islands in september. >>> some are calling it a break-through, north korea making its first successful long range rocket launch but less than 24 hours after liftoff a u.s. official tells cnn the country may not be in full control of the satellite. joining me is cnn contributor and retired u.s. army general spider marks. good morning. >> good morning. >> what does this mean? is this a setback for north korea? >> it's not a setback at all for north korea. north korea successfully launched something into an extra atmospheric orbit, albeit it's not control. they were able to build a three-stage missile and get an object into space. >> here is how leon pa net ta spoke about it. he spoke to erin burnett in afghanistan. >> this is a clear provocation. we've warned them not to do it. we've been very concerned about the
so? >> people on his team wanted him to use nuclear weapons against china and -- vietnam. admiral ratford wanted to nuke -- >> how would you nuke in a jungle? >> it's called tactical nuclear weapons. eisenhower threatened to use them. he was good at bluffing. >> is that how he ended korea? >> historians tackled this and -- >> by the way -- >> threatening something worse? >> well, that's what they say. i want to congratulate him, by the way, on this book. i've really enjoyed it, evan. we had talked about it earlier. this is a -- this bluff that you cover in the eisenhower years is a really critical part of the story of that era. it's also a bluff that, in all fairness, condition continues into the kennedy years. the cuban missile years involved the same kind of stakes that happened in berlin and in korea, indochina. eisenhower was a wartime commander and he understood the difficulties in dealing with the soviets but because he commanded the western front in world war ii, he also understood the possibilities for rough or fundamental, i would say, co-existence or cooperation with the
there is large u.s. presence. south korea is calling for more u.s. sanctions. the most important, china, they are saying want a moderate and prudent response. may well go to the u.n. security council this morning. back to you. martha: so how important is it for north korea's missile regime, missile program i should say they were able to launch this weapon successfully? they have seen several failures in the past? >> reporter: well it is a major scientific achievement if you look at it on that level even though a lot of their people are starving in the country. from what the experts are saying they're still a long way off from being able to fire a ballistic missile with a nuclear warhead. there is problems with the heat from reentry, things like that. but it's, they are moving towards that ballistic missile which could threaten in the future the u.s. mainland. but it does seem a political success for the new leader, kim jong-un, this young new leader. he pushed for this rocket to be tested and for once it has been successful. back to you. martha: david, thank you very much. we'll have mo
kim three seems to can consolidate his power. we are waiting to see if this affects china and their soup harris: you mentioned the evidence that south korea has found that the north will be able to fire at us, at our mainland, possibly come in the next two years. is there anything the south is doing at this point? people are feeling imminent danger. >> the south issued that warning about the capability about the missile tests. there is concern about the region, but it is very difficult to stop anything like that. we have some kind of missile patriots in different types of missiles to try to stop that. but it is very difficult if you have a three stage rocket to be able to bring that down very easily. but we did see before that last test that south korea and japanese and american forces were put on alert. perhaps bring you down and casey came came into their territory. back to you. harris: david pifer reporting live today from bangkok. jon: the fiscal cliff is a sport is a way. looking beyond the deadline, short-term battle will have a long-term political impact. let's talk
whining in 2006 when the republicans passed the free- trade deal with china that lost millions of jobs. you sound like you work for the defense department or something, or defense contractors. host: sorry about that. guest: you made a lot of good points. if you look at this, the defense industry has been a huge lobbyist on capitol hill. companies like lockheed martin been contributed -- contiguous to representatives. -- being contributors to representatives. i do not think anybody is arguing that there should not be cuts to defense or the pentagon. most people who serve on the house or senate armed services committee are about getting rid of these inefficiencies. the real question is, how do you do it in a safe, responsible way as opposed to having this trigger at the first of the year of the forces and across the broad -- across the board cut that does not have any discretion. there are potential issues that could be on the chopping block. host: market is our next caller on our line for republicans. -- mark is our next caller on our line for republicans. you are on the line with juana
it -- and partners such as singapore and the philippines and expanding our dialogue and -- in exchanges with china. we are also an handed our presence and capabilities in the region. that includes -- expanding our presence and capabilities in the region. that includes allocating our naval fleet to have a 60/40 s plit between the pacific and atlantic oceans, increasing army and marine presence in the region. locating our most advanced aircraft in the pacific, including new deployments of f- 22's and the mv22's to japan. and lay the groundwork for the first overseas deployment of the f-35 joint strike fighter. the third element of our strategy is that as we do force projection in the asia-pacific and middle east, we still have to maintain our global leadership and presence by building innovative partnerships and partner capacity across the globe and using these innovative rotational deployment as a way to do exercises and training with other countries, developing their capabilities so they can provide for their own security. in latin america, africa, europe, and elsewhere. the past decade of war has
Search Results 0 to 26 of about 27 (some duplicates have been removed)